Avoid These 4 Construction Pitfalls with Olympus Contracting’s Expertise
1. Reliable Timelines
You’ve probably heard, experienced, or dread the headache of dealing with contractors failing to meet deadlines, causing delays and disrupting your rental income or refinance timeline. Fear not, Olympus Contracting creates detailed project timelines based on REAL timelines from REAL projects. These project plans/schedules are reviewed weekly in our Weekly Project Scheduling Meeting that involve our project manager, site supervisor and experienced company leadership.
2. Stay on Budget
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Are you worried about exceeding your budget while investors eagerly await their first dividends? You’re not alone—we’ve been there too. To alleviate these concerns, we’ve developed a detailed and comprehensive project estimate template that covers nearly every aspect of your property renovation.
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At Olympus Contracting, we also use historical data from past projects to validate our estimates, ensuring they are realistic and achievable. Additionally, we always include contingency funds to cover unexpected costs that can’t be anticipated during site visits (unfortunately, we haven’t figured out how to get x-ray vision to see behind those pesky walls).
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Still not convinced? We also track our budgets regularly throughout each project to monitor overspend and underspend, re-allocating funds as needed. This helps us maintain tight control over costs by continuously discussing the budget and identifying cost-saving measures to keep the project on track.
3. Quality & Durability
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What does your repairs and maintenance budget look like for your investment property? Want to avoid frequent or costly repair bills? Our material selections include a list of
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At Olympus Contracting, we’ve developed a rigorous 300+ quality control checklist that ensures every aspect of your renovation meets the highest standards. This checklist is time-tested and includes input from our property maintenance team at Olympus Property Management, helping to prevent common repair issues before they arise.
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At Olympus Contracting, we also leverage our extensive experience and lessons learned from past projects to continually improve our quality processes. This ensures that our work is not only aesthetically pleasing but also durable and functional. Additionally, we conduct regular inspections at every project stage to catch and correct any issues before they become major problems.
4. Timely Communication
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Have you ever been left in the dark regarding project progress, potential delays, or unexpected issues? Effective communication is essential for building trust, and we understand that. That’s why we give our clients access to their project schedule through our project management software, ASANA. This provides you with clear visibility on the schedule and allows you to see tasks being completed in real-time.
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At Olympus, we also use a WhatsApp group to communicate progress, send photos, and answer any questions you may have. Additionally, we set clear communication plans at the start of each project, ensuring that our site supervisors and project managers keep you updated on project status and respond to your inquiries promptly.
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ABOUT US
Welcome to Olympus Contracting – where your home and investment dreams become reality! We’re not just a leading residential contracting company; we’re your ultimate home transformation and investment enhancement gurus.
Our in-house dream team handles everything from the first spark of an idea to the final nail, ensuring your project is seamless, stylish, and super-efficient. Quality? Check. Visual appeal? Double-check. Value-packed performance? You bet!
Whether you’re a savvy property investor or a homeowner with a vision, we’re all about boosting your property’s value and transforming your living spaces into something truly spectacular. At Olympus Contracting, we sprinkle a little bit of magic and a whole lot of dedication into every project, always putting your satisfaction first.
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OUR 5-STAR GUARANTEE
1. Budget & Transparency Guarantee
We guarantee to provide detailed and accurate cost estimates upfront, ensuring transparency and minimizing surprises throughout the project.
2. Timeline Precision Guarantee
We guarantee to provide accurate start and completion dates, keeping you informed weekly and your project on track every step of the way.
3. Trustworthiness Assurance Guarantee
We guarantee to use only trusted professionals with the appropriate licenses and qualifications, ensuring your project is in safe and reliable hands.
4. Communication Excellence Guarantee
We guarantee clear, consistent communication and maintain an effective line of dialogue throughout the building process, keeping you informed and involved.
5. Tailored Quality Guarantee
No matter the quality of finish your budget allows, we are dedicated to delivering workmanship that meets your standards. Whether you’re aiming for high-end luxury or cost-effective durability, we ensure your project will exceed your expectations.
2021
Year Established
$2.5M
Construction Cost & Counting
12+
Skilled Professionals
100%
Dedication to Quality
HOW WE WORK WITH YOU
OUR PROCESS
Step 1: Reach out to us
We understand that your time is valuable, so we will promptly respond to your inquiry and schedule a call with the owner to discuss your needs, project goals, and timeline. This initial contact allows us to understand your vision and ensure that our team is the right fit for your upcoming project.
Step 2: Call with owner
During our conversation, we will delve deeper into your project requirements, budget, and timeline to align our understanding with your vision. This step helps us establish clear communication and sets the foundation for a successful collaboration.
Step 3: Schedule site visit
After our initial discussion, we will schedule a site visit to further assess your project needs and goals. This visit allows us to understand the scope of work required and provides an opportunity to discuss any specific requirements you may have.
Step 4: Determine scope of work and goals
During the site visit, we will work together to define the scope of work for your project and establish clear goals. This step ensures that we are aligned on the project requirements and can move forward with a shared vision.
Step 5: Detailed budgetary estimate
To ensure we provide an accurate and comprehensive quote, we offer a detailed estimate for $150-500 CAD. This investment ensures that proper time is dedicated to understanding your needs and providing an accurate assessment of the project’s scope, materials, labor, and potential challenges. Plus, the cost of the detailed estimate is credited back to you on your first invoice, so you can ensure efficient use of your hard earned capital.
Step 6: Project planning and kickoff
Once the budgetary estimate is approved, we will begin the project planning phase. This includes finalizing the project timeline, obtaining necessary permits, and preparing for construction kickoff. This step sets the stage for a smooth and efficient project execution.
Step 7: Execute construction plan
With the project planning in place, we will begin the construction phase of your project. Our team will work diligently to bring your vision to life, following the agreed-upon timeline and quality standards. Throughout the construction process, we will keep you informed and involved every step of the way.
Step 8: Project closeout and completion
Upon completion of the construction phase, we will conduct a thorough project closeout to ensure all details are finalized and the project meets our quality standards. We will address any remaining items, provide professional cleaning services, and prepare for your move-in day. Our goal is to deliver a completed project that exceeds your expectations and provides you with a beautiful new space to enjoy.
At Olympus Contracting, we pride ourselves on our project management abilities that result in projects being completed quickly and efficiently. Our How We Work With You process is designed to guide you through each step of your project, ensuring clear communication, quality workmanship, and a seamless construction experience.
Looking to Maximize the Value of Your House?
At Olympus Contracting, our skilled team excels in exceptional renovations and thoughtful additions, with a strong background in real estate investing. We understand the importance of making profitable improvements to your property. Trust us to elevate your home’s worth and turn your vision into reality, ensuring every enhancement is both strategic and impactful.
FAQ
Book A Call
Hi, I'm Matthieu.
With extensive experience in executing investment property renovations, I understand the importance of getting things right the first time. I’d love to help you achieve a hassle-free, timely execution for your
investment property project. achieve a hassle-free, timely execution for your investment property project. Let’s get started so you can sit back, sip mojitos, and enjoy your investment returns!
I invite you to reach out and we’ll get you the details you need to get things started.